Serbia will increase supplies of Russian natural gas to Hungary if Ukraine pulls out of transit deal

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Serbia will increase supplies of Russian natural gas to Hungary if Ukraine pulls out of transit deal
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Hungary has struck a deal with Serbia that could bring increased shipments of Russian natural gas through the Balkan country if Ukraine ends a gas transit agreement with Moscow.

BUDAPEST, Hungary — Serbia will provide Hungary with increased shipments of Russian natural gas if Ukraine follows through on ending a gas transit agreement with Russia, Hungary’s foreign minister said Sunday.

Speaking in a taped message, Peter Szijjarto said Serbia’s president, Aleksandar Vučić, had met with Hungarian Prime Minister Viktor Orbán in Budapest, and assured him that Serbia would be able to supply more Russian gas to Hungary if Kyiv declines to extend an agreement allowing its transit across Ukrainian territory.

“We’ve heard in recent days that Ukraine would like to terminate the previously concluded natural gas transit agreement with Russia,” Szijjarto said. “Today, the Serbian president made it clear that if Hungary would like to increase natural gas shipments through Serbia to Hungary, then Serbia can ensure the necessary shipment capacities.”

The deal came after Ukraine’s energy minister, German Galushchenko, indicated Kyiv was unlikely to extend the transit agreement which brings Russian natural gas to European countries via Ukraine. That agreement is set to expire next year.

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